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Originally Posted by finnbow
Bullshit with a capitol B. First of all, the MAGA base doesn't want a reduction in social programs. Trump has roundly criticized any cuts to Social Security and Medicare, two programs that have widespread support across the political spectrum.
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Except that they do, and your friends on the left are angry about it. Please get your story straight.
Here's more Dem "scare 'em about spending cuts" messaging:
https://www.seattletimes.com/busines...-cut-spending/
Using past proposals, Biden said the GOP could try to slash Medicaid and Obamacare benefits, as well as Social Security and Medicare.
“What are they going to cut? That’s the big question,” Biden said Tuesday. “For millions of Americans, health care hangs in the balance.”
Quote:
Originally Posted by finnbow
Secondly, Republicans don't have a "clear message" about spending. Otherwise, they would have a cogent plan in hand. They don't.
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Here we can agree. The MSM certainly won't favorably or even objectively report on any Repub spending plans, so they need to find a way to get their messaging out. And do it in a way that's clear and convincing. They have failed miserably on this.
However, the Dems aren't talking serious about reducing the debt/deficit at all. In fact, Biden's budget if adopted would increase both the deficit and the debt. So, you and yours are in no position to talk about "lacking a plan", unless your plan is to make things worse from a budget/debt perspective.
Quote:
Originally Posted by finnbow
And lastly, threatening to not pay the bills for spending/programs already approved and appropriated will actually increase the cost of borrowing thereby increasing the debt.
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The increasing debt and spending, inflation, and the Fed's rate hikes have
already increased the cost of borrowing.
In February, the Congressional Budget Office (CBO) projected that annual net interest costs would total $640 billion in 2023 and double over the upcoming decade, soaring from $739 billion in 2024 to $1.4 trillion in 2033 and summing to $10.5 trillion over that period. However, if inflation is higher than CBO’s projections and if the Fed raises interest rates by larger amounts than the agency projected, such costs may rise even faster than anticipated.
Quote:
Originally Posted by finnbow
Once again, you show your economic illiteracy.
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Once again, you bloviate too much.